The Cumberland Building Society has announced that it has expanded its Commercial offering to cater to the professional services sector. With its Kinder Banking approach, The Cumberland looks to support businesses across the North of England and Scotland. With more than 20 years’ experience in supporting businesses in the hospitality sector, The Cumberland is now […]
Tink, A Visa Solution, the market-leading open banking platform, has announced that 10,000 merchants have now chosen Pay by Bank via its Payment Service Provider (PSP) partnerships. Tink also recently hit a new €100m peak in a single day for its payment initiation services (PIS) across Europe, marking a tipping point in demand for Pay […]
A partnership with UK Export Finance (UKEF) has enabled British firm Dints to secure a £12.5m contract as supplier to MCA’s infrastructure and renewable energy operations in Angola. Established 18 years ago, Dints is a London-based project integrator bringing together buyers, suppliers, logistics providers and funding partners. A loan guarantee issued by UKEF to Apple Bank means that […]
Kuflink, the award-winning peer-to-peer lender, announces that CEO Narinder Khattoare will be stepping down, marking the end of a transformative 12-year tenure with the company. Narinder joined Kuflink in 2013, leading the sales team under Alpha Bridging before stepping into the CEO role in 2017. Over the years, he has played a key role in building […]
Companies House has a new date for their corporate service provider (ACSP) registration service. Organisations who provide verification services can register from today (18th March) and individuals who want to undertake the checks themselves without using an ACSP can do so from 8 April. The ID verification aspect is a vital part of the looming […]
Asia Travel Specialist (ATS), a Stockport-based travel company known for its deep expertise in South East Asia, has secured £50k from NPIF II – GC Business Finance & River Capital Smaller Loans, which is managed by the consortium as part of the Northern Powerhouse Investment Fund II (NPIF II). The funding will support ATS as […]
The latest company insolvency statistics show accommodation and food services insolvencies fell 7% from 3,747 in the 12 months to January 2024 to 3,474 in the 12 months to January 2025. However, insolvencies in the sector increased 21% month-on-month, from 225 in December 2024 to 273 in January 2025, and were up 3% when compared to […]
Leonard Curtis is strengthening its leadership structure following recent growth and M&A activity by appointing two experienced professionals to new roles. Becky Owen is appointed head of funding, taking over from Gary Cain. She progresses from director, commercial finance to divisional lead in a fast-growing area of the business after just 12 months with the […]
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business grew in January 2025 by 2% compared with the same month in 2024. In the twelve months to January 2025, new business in this market was also 2% higher than in the same period in 2024. The credit […]
New figures released today by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in January 2025 by 3% compared with the same month in 2024. The corresponding value of new business grew by 4% over the same period. In the twelve months to January 2025, new business was […]
